Link Lending, a bridging finance lender, has joined the panel of Personal Touch Financial Services (PTFS).
The deal gives PTFS’s members access to bridging loan services with no minimum term, no upfront fees and daily interest calculations.
John Maclean, managing director of Link Lending, comments: “This new alliance with PTFS will enable us to widen our distribution at a time when many more mortgage advisers are realising that short term loans can provide a problem-solving route for both residential and commercial mortgage customers.”
PTFS says its members need solutions for challenging market circumstances and bridging finance can be a key part of this strategy.
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Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November